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  • Published Date

    June 24, 2021
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Ad Text

REQUEST FOR SEALED BIDS FOR ESTATE PROPERTY As a result of the death of the late Thomas P. Carmody, the following realty consisting of approximately 149.36 acres, more or less, will be sold: The Northeast Quarter (NE 4) of Section Nine (9), Township Eight (8), Range Eight (8) West of the Third Principal Meridian, Macoupin County, Illinois. PIN: 16-000-136-00; FSA Farm #17-117-4417 The terms of said sale are as follows: A. All persons desiring to bid upon the said realty shall submit a written bid specifying the amount by them bid, together with a check payable to the Thomas P. Carmody Irrv. Tr. in the amount of 10% of the bid. Bidders will provide their address and a telephone number where they may be reached on July 12, 2021 after 4:00 p.m. B. All bidders shall cause their bids to be received in the law offices of my attomeys Ruyle & Sims, 130 East Main Street, Suite A, Carlinville, llinois 62626, on or before the 12th day of July, 2021 at 4:00 p.m., at which time the conforming bids will be tabulated. C. The top ten (10) bidders will be permitted to raise their bids at the said law office on the 17th day of July, 2021, at the hour of 9:00 a.m., until the highest bidder among them is determined by us. The highest bidder shall sign a written memorandum regarding same. D. Owner will furnish an owner's title insurance policy commitment in the amount of the purchase price on or before August 15, 2021. E. Owner reserves the right to reject any and all bids. F. Purchaser will obtain possession on date of closing subject to tenant's rights which expire on December 31, 2021. G. Owner will bear all costs associated with preparation of the Deed and PTAX, and 2 of 2021 real estate taxes, due and payable in 2022. The second installment of cash rent will be assigned to Purchaser. H. Purchaser shall receive from Seller an assignment of the right to receive the second installment of cash rent from current tenant. For further information, contact our attorneys at 217-854-3283. S. Carmondy, Successor Co-Trustee of the Thomas P. Carmody Irrv. Tr. I. RUYLE & SIMS, Attorneys at Law 130 East Main Street, Suite A, Carlinville, Illinois 62626 (217) 854-3283 SM-LA1895282 REQUEST FOR SEALED BIDS FOR ESTATE PROPERTY As a result of the death of the late Thomas P. Carmody, the following realty consisting of approximately 149.36 acres, more or less, will be sold: The Northeast Quarter (NE 4) of Section Nine (9), Township Eight (8), Range Eight (8) West of the Third Principal Meridian, Macoupin County, Illinois. PIN: 16-000-136-00; FSA Farm #17-117-4417 The terms of said sale are as follows: A. All persons desiring to bid upon the said realty shall submit a written bid specifying the amount by them bid, together with a check payable to the Thomas P. Carmody Irrv. Tr. in the amount of 10% of the bid. Bidders will provide their address and a telephone number where they may be reached on July 12, 2021 after 4:00 p.m. B. All bidders shall cause their bids to be received in the law offices of my attomeys Ruyle & Sims, 130 East Main Street, Suite A, Carlinville, llinois 62626, on or before the 12th day of July, 2021 at 4:00 p.m., at which time the conforming bids will be tabulated. C. The top ten (10) bidders will be permitted to raise their bids at the said law office on the 17th day of July, 2021, at the hour of 9:00 a.m., until the highest bidder among them is determined by us. The highest bidder shall sign a written memorandum regarding same. D. Owner will furnish an owner's title insurance policy commitment in the amount of the purchase price on or before August 15, 2021. E. Owner reserves the right to reject any and all bids. F. Purchaser will obtain possession on date of closing subject to tenant's rights which expire on December 31, 2021. G. Owner will bear all costs associated with preparation of the Deed and PTAX, and 2 of 2021 real estate taxes, due and payable in 2022. The second installment of cash rent will be assigned to Purchaser. H. Purchaser shall receive from Seller an assignment of the right to receive the second installment of cash rent from current tenant. For further information, contact our attorneys at 217-854-3283. S. Carmondy, Successor Co-Trustee of the Thomas P. Carmody Irrv. Tr. I. RUYLE & SIMS, Attorneys at Law 130 East Main Street, Suite A, Carlinville, Illinois 62626 (217) 854-3283 SM-LA1895282

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